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China in the World Economy: Dynamic Correlation Analysis of Business Cycles

Wirtschaftswissenschaften

Autoren:
Fidrmuc, Jarko, Bátorová, Ivana, Korhonen, Iikka
Titel:
China in the World Economy: Dynamic Correlation Analysis of Business Cycles
Kurzzitat:
Fidrmuc, Jarko, Bátorová, Ivana, Korhonen, Iikka: China in the World Economy: Dynamic Correlation Analysis of Business Cycles, Oxford Journal CESifo Economic Studies, 2012; Jg. 2012 (10.1093/cesifoifs016): 1-20.
Publikationstyp:
Originalarbeiten in wissenschaftlichen Fachzeitschriften mit Review-Verfahren
Abstract:
We analyze globalization and business cycles in China and selected OECD countries using dynamic correlation analysis. We show that dynamic correlations of business cycles of OECD countries and China are low at business-cycle frequencies and positive for short-run developments. Furthermore, trade of OECD countries and China lowers the degree of business-cycle synchronization within the OECD area, especially at business-cycle frequencies. Thus, different degrees of participation in globalization can explain the differences between the business cycles of OECD countries.
Kontakt:
Zeppelin-Lehrstuhl für Internationale Wirtschaftstheorie & -politik (eingerichtet 05 / 2011)

Am Seemooser Horn 20
88045 Friedrichshafen

Tel: +49 7541 6009-1241
Fax: +49 7541 6009-1299
Email: jarko.fidrmuc@zu.de
http://www.zeppelin-university.de/deutsch/lehrstuehle/internationales_management/internationales_management_profil.php
Forschungsbericht der Abteilung für das Jahr 2012